Public Enemy Number One for San Carlos Real Estate: The Appraisal

December 23, 2009 by Bob Bredel  
Filed under 2009 San Carlos Market Preview

There are many pitfalls to selling a house in San Carlos.  Many can be avoided by careful planning, diligence and utilizing expertise.  However, there is one not-so-obvious requirement that can quickly sink your prospective house sale and there is not a thing you can do about it.  Unless you have an all cash buyer, there [...]

PODCAST: 2009 Year-End San Carlos Real Estate Market Review

December 16, 2009 by Bob Bredel  
Filed under 2009 San Carlos Market Preview

Please click on the link below to hear the most recent San Carlos Blog podcast.  This podcast will look at our 2009 San Carlos real estate market as well as briefly look at short sale and foreclosure issues in San Carlos.

2009 Market Wrap Up

Assessing the Damage to the San Carlos Real Estate Market

November 22, 2009 by Bob Bredel  
Filed under 2009 San Carlos Market Preview

That powerful storm of  impossible lending guidelines, a poor economy and buyer uncertainty which was parked over the City of San Carlos for the past 12 months did do damage to San Carlos property values.  The good news is that the storm seems to have moved on.  Now comes the unenviable task of assessing the [...]

San Carlos Inventory Reaches New Low

November 14, 2009 by Bob Bredel  
Filed under 2009 San Carlos Market Preview

On Monday, November 16th, San Carlos will officially have just as many home Active as it will with a Pending status.  Look for Active homes to drop to 40, or possibly even lower.  Currently, there are 39 Pending properties in San Carlos.  It is the best ratio we have had all year and a clear [...]

Fantastic White Oaks Listing – Will not be featured on the MLS

November 13, 2009 by Bob Bredel  
Filed under 2009 San Carlos Market Preview

Occasionally, homes are not featured on our local MLS.  There is one particular home in White Oaks that is currently for sale and it will not appear on any website or any MLS.  The home is s on a well known, less traveled, White Oaks street and was the subject of a major remodel.  The [...]

San Carlos Inventory Shrinking Fast

November 4, 2009 by Bob Bredel  
Filed under 2009 San Carlos Market Preview

The storm clouds which have been lingering over the San Carlos housing market for the last year may be starting to give way to brighter days.  San Carlos tied a 2009 record today when its active inventory of single family homes dropped to 47 homes.  Additionally, at least two of those 47 homes will be [...]

Down Payments, Not Total Purchase Price Are Determining Winners in the San Carlos Market

October 27, 2009 by Bob Bredel  
Filed under 2009 San Carlos Market Preview

Multiple offer situations are back in San Carlos.  However, they are not back in the volume that they appeared a few years back, folks are not completely blowing away in the list price, and they are happening predominantly in the 700K-1M price zones. A few years back, the highest total purchase price was normally with [...]

Golden Howard Park Opportunity: 2036 Alma Street

October 9, 2009 by Bob Bredel  
Filed under 2009 San Carlos Market Preview

For those of you who have been reading the San Carlos Blog since 2007, you may recall an article discussing the sale of 2036 Alma Street in San Carlos. The property was severely underpriced and went immediately with multiple offers.  The sale happened so quickly that it went relatively unnoticed.  This property will be back [...]

Few Find Foreclosure Deals in San Carlos

September 16, 2009 by Bob Bredel  
Filed under 2009 San Carlos Market Preview

Many buyers believe that they are better suited waiting for a foreclosure.  There is a belief among many buyers that that foreclosures represent an opportunity to obtain a property at a lower than market price.  For a limited few, it does.  For everyone reading this blog, they most likely do not.  More on that in [...]

Fantastic New White Oaks Listing

September 11, 2009 by Bob Bredel  
Filed under 2009 San Carlos Market Preview

New on the market as of today, this impeccably maintained 3 bedroom, 1 bath home will be open on Saturday from 12-3 and Sunday from 1-4. I will be hosting the open house on both days.
Price: $879,000
MLS# 80943598
More pictures and a virtual tour by clicking here.

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